Milton Keynes Council Electronic Tendering Site · Awarded contract

Awarded

Independent Viability Appraisal for National Triathlon Centre in Milton Keynes

Awarded 06 Feb 2017

View live tenders

Awarded06 Feb 2017

Value£8,400.00

SupplierSporting Assets

AgencyMilton Keynes Council Electronic Tendering Site

RegionUnited Kingdom

CategoryConsultancy & Legal

Ended 9y 7mo ago2mo term

Awarded 6 Feb 2017Expired 30 Mar 2017

About

Milton Keynes Council Electronic Tendering Site awarded a contract to Sporting Assets for an independent viability appraisal of proposals to develop a national Triathlon Centre leisure facility in Milton Keynes.

The appraisal included an industry-expert review of business plan assumptions, assessment of projected visitor numbers, commercial review of the pricing schedule, assessment of income and costs, sensitivity analysis to stress-test loan repayment ability, and an assessment of the overall robustness of the business plan as an investment proposal.

It also covered an assessment of the proposed facility design for consistency with forecasts and proposals for structuring a commercial loan, including options such as collateralisation to protect the Council's interests in the event of default.

The contract value was AUD 8,400.

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